VHI Stock Chart

VALHI INC NEW

VHI

The volume that originally had begun this strong uptrend has dwindled away. Now it looks like price has bounced off of this year old resistance around $2.84 for the third time. Entered short position at $2.82, with a stop set at $2.94, looking to take profits around $2.54

VHI is an earning winner, with over 66% surprize. It has broken the previous consolidation area with a bullish divergence and a huge spike in volume. If the dotted line holds i'm expecting more upside. Possible target on chart.